Micronet Enertec Technologies (NASDAQ: MICT) shares surged 34% this morning after the company said its Mobile Resource Management (MRM) subsidiary Micronet Ltd., via its wholly owned subsidiary Micronet Inc., has received purchase orders valued at approximately $4.3 million for its recently released TREQr5 product. The orders for the ruggedized telematics Android on-board computer were received by a fleet management solutions provider that is a current customer. The purchase order marks the largest order received for the company since 2012 and brings the company’s backlog to a record amount of $13.5 million. “The magnitude of these orders, and the fact that they come from one current customer, serve as further validation that Micronet’s next-generation MRM products are what customers are looking for in this robust and growing market. As the deadline for the Electronic Logging Devices (ELD) government mandate nears, Micronet expects more orders for these products,” Micronet Enertec Technologies CEO David Lucatz stated in the news release.

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